Koppers (KOP) Scheduled to Post Quarterly Earnings on Friday

Koppers (NYSE:KOP) is set to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Thursday, August 8th. The specialty chemicals company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.09. Koppers had a return on equity of 17.16% and a net margin of 3.72%. The firm had revenue of $563.20 million for the quarter, compared to analyst estimates of $589.17 million. During the same period last year, the company earned $1.26 EPS. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. On average, analysts expect Koppers to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Koppers Trading Up 11.0 %

Shares of KOP opened at $38.97 on Thursday. The stock’s fifty day simple moving average is $36.50 and its 200-day simple moving average is $39.36. The company has a quick ratio of 1.12, a current ratio of 2.53 and a debt-to-equity ratio of 1.92. The firm has a market capitalization of $799.66 million, a PE ratio of 10.68 and a beta of 1.84. Koppers has a 12-month low of $33.80 and a 12-month high of $58.23.

Wall Street Analysts Forecast Growth

KOP has been the topic of a number of analyst reports. Barrington Research reiterated an “outperform” rating and issued a $64.00 price target on shares of Koppers in a research report on Monday. Singular Research upgraded shares of Koppers to a “strong-buy” rating in a report on Friday, September 20th.

Insider Buying and Selling

In related news, VP Joseph P. Dowd sold 5,516 shares of Koppers stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $37.72, for a total value of $208,063.52. Following the sale, the vice president now owns 10,300 shares of the company’s stock, valued at approximately $388,516. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.55% of the stock is currently owned by corporate insiders.

About Koppers

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.